Checklist for Buying Your First Villa

Checklist before Buying Your First Villa

Purchasing a house is a significant priority for everybody, but there are several elements to think about before leaping. Before you embark on the journey of buying your dream house, here’s a checklist that ought to make sure that it is a hassle-free encounter.

Location: Is another thing which you have to think first because Real Estate is all about location. Go for places which are still developing stage as your investment can get you better yields through recent year’s means you don’t have to wait for long time to get the result. However, ensure that the planned home is not too far from significant daily facilities such as grocery stores, schools, hospitals, bus-stops, etc…
Financial Aspect: This is also a curtail part before going to invest in the villa have a fantastic look at your finances so that its clear to your mind that how to play with the money factor. Many people choose a pre-approved house loan according to their earnings strategy for the next several years. When looking your EMIs, make sure it will not affect your way of life, but nevertheless leaves you financially comfortable.

Facility: These times are for living in gated communities such as villa row houses. All these include excellent amenities for both adults and children to stay fit and participated, besides 24×7 safety for you and your loved ones. You also get your very own exclusive backyard and garden with villa houses. And should you just happen to be purchasing in Bangalore, take a look at the “Shravanthi Oakridge” developed by the Shravanthi Group. These exquisitely-designed villas built on 4.5 Acres of land at Kanakapura Road with 77 luxury villa.

Builder Reputation: Since they’re more likely to be clear and above-board in their dealings — after all they have a good market brand name to protect. Take time to look and research at their delivery deadline of project. Shravanthi Group comes with an unbeatable record in this issue having more than 25 years of experience and delivered more than 50 projects. The business is customer-centric and provides transparency in transactions.
Investment Analysis: To be sensible when purchasing a house, as you has to think in terms of resale values and rental incomes. South Bangalore offers excellent investment potential as well leasing incomes from prestigious villa homes in gated communities, thus making them excellent investments.
Legal Documents: Last but not the list is verifying all the legal documents and ensure all clearances from the local authorities.

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5 Reason why to choose ready to move in villa or flat in Bangalore

Real-estate investment is very lucrative business, Are you Confused with the really considered investing in a house. The availability of so many choices from pre launch to why ready to move in villa or flat in Bangalore will certainly leave you bewildered. Under construction jobs are often shown to be insecure as anything could occur in the phase of building. If the builder goes out of money or any undesirable circumstances occurs then there’ll be a delay in providing possession.

Normally you can see Pre-launch development projects offer Lots of discounts but it is uncertain whether the Construction will deliver on time or not?

In this blog, we will find out why ready to move in villa or flat in Bangalore are better option for you.

 

1.Tax Savings :-

You may save tax when you get a ready-to-move-in property. So, as a purchaser, you’ll be exempted from paying service tax. Banks will easily give loans and you’ll get more options to repay at greater rates.

2.Pay only what you see :-

Unlike pre-launch and continuing projects in a ready-to-move house you get exactly what you see. Since the property is already assembled there are no hidden surprises to get. You simply need to finish the formalities and other payment-related matters.

3.No waiting time:-

In a ready to move apartment the waiting time is zero as the house is already assembled and ready to be occupied. Whereas, in an ongoing and pre-launch project the ownership time is largely uncertain because of unwanted conditions.

4.The risk factor is less:-

In comparison to under construction projects, ready to move projects are less risky. There have been many instances in which the contractor failed to deliver the project  on time.

5.Save your rental money:

If you’re staying in a rented flat afterward, that money could be saved. Instead, if you’re not intending to move in shortly then till that time you’ll be able to offer it for rent.

 

In a city like Bangalore ready to move in villa or flat in Bangalore becomes very crucial with good amenities and easy accessibility to important locations. We Shravanthi Group can make end your search with the below project

Shravanthi Palladium – Kanakapura Road

Sunniva Willow – Sarjapura Road

Global investment in realty sector to reach $45 trillion by 2020

MUMBAI:Driven by rapid urbanisation and demographic changes, especially in emerging markets, global investment in the real estate sector is likely to increase 55 per cent to $45.3 trillion by 2020 from $29 trillion in 2012, according to PwC.

PwC in a report ‘Real Estate 2020: Building the Future’ said that the investment in developing Asia-Pacific countries, which includes India, is likely to rise by 140 per cent to $10.2 trillion by 2020 from $4.3 trillion in 2012.

“Rapid urbanisation and demographic changes, especially within emerging markets, will lead to substantial growth in the real estate investment industry over the next six years,” PwC Executive Director (Capital Markets) Shashank Jain said.

The expansion will be the greatest in the emerging economies, where economic development will lead to better tenant quality and, in some countries, clearer property rights, and will play out across housing, commercial real estate and infrastructure.

“Real estate is an integral part of the emerging markets’ growth phenomenon. In India, for example, real estate has played a large part in driving economic growth. It’s an exciting time for the real estate sector, in an emerging country like India,” he said.

According to the report, the investment in Asia-Pacific countries is highest compared with the US, Europe, Latin America, developed parts of Asia Pacific and even Sub Saharan Africa and Middle East and North Africa.
Jain observed that intense competition for prime real estate will force real estate managers and investors to seek out new opportunities for yield.

“Yet the growing and changing real estate world will present them with a far wider range of risks, which they must be equipped to manage,” he said.

Meanwhile, the growing middle class and ageing populations in these emerging economies are boosting th e demand for newer types of real estate, Jain said.

While office, industrial, retail and residential will remain the main sectors, affordable housing, agriculture, health-care and retirement accommodation will become significant sub sectors in their own rights, he added.
Swiss economic growth slowed to a crawl at the end of 2013, official data showed Thursday, amid concern that the strong Swiss franc and recent vote limiting immigration from the EU might further hamper the country’s economy.

Switzerland’s economy grew just 0.2 percent during the final three months last year, compared to the previous quarter, according to the statistics from Switzerland’s State Secretariat for Economic Affairs, or SECO.

Fourth quarter growth, which had been expe ..
Fourth quarter growth, which had been expected to slow, was thus below the 0.5 percent hike seen in the third quarter and at the low end of expectations.

Analysts polled by the AWP financial news agency anticipating growth of between zero and 0.5 percent during the three-month period.

“The overall figures are a bit disappointing,” J. Safra Sarasin analyst Alessandro Bee told AFP.
Compared to the same period a year earlier, the wealthy Alpine nation saw its economy grow 1.7 percent, which remained lower than the third quarter’s annual growth rate of 1.9 percent.

SECO meanwhile said it now expected full-year growth for 2013 to tick in at 2.0 percent, up from 1.0 percent in 2012.

This initial estimate is in line with the central bank’s forecast that growth would slow in the fourth quarter and that the economy for all of 2013 would swell between 1.5 and 2.0 percent.
Capital Economics analyst Jonathan Loynes cautioned though that the fourth quarter slowdown “may raise fears that the economy is finally succumbing to the strength of the Swiss franc.”

Switzerland is not a member of the European Union and is thus outside the eurozone.
The Swiss economy has long been one of few bright spots on the European map, but the surging value of its franc has created headaches for exporters, whose margins can easily be eroded by unfavourable exchange rates.

To counter this effect, the central bank in 2011 set an exchange-rate floor of 1.20 francs to the euro.
Loynes pointed out that the franc had long hovered near the floor, but stressed that “the breakdown of growth by expenditure components provides some reassurance on this front,” since the slowdown appeared to mainly be attributed to a hike in imports.

During the final three months of last year, imports swelled 1.4 percent, amid a 0.7 percent hike in household consumption.
Exports, not including luxury goods like precious metals and gems and artwork, meanwhile plunged 1.7 percent after showing strong growth during the previous quarter.

Exports in Switzerland’s important chemicals and pharmaceutical sectors were especially hard-hit, SECO said.
Bee said the drop in exports was disappointing, but added that “I think the numbers reported in the third quarter for exports were too positive,” so the comparative drop was perhaps overstated.

He also stressed that domestic demand was still strong and should continue to boost growth going forward.
At the end of 2013, many analysts revised up their outlook for Swiss economic growth for this year, as they anticipated that exports would start picking up again.

But earlier this month, the country voted by a razor-thin margin to establish quotas on immigration from the European Union, putting in jeopardy a whole series of agreements with the bloc, its main trading partner.

Many observers have expressed concern that the prevailing climate of uncertainty might weigh heavily on investments in the country and its products.

Bee said Thursday he thought the effects of the vote would be felt more in the long term.

“The limitation of free movements will have an impact but not in the short term,” he told AFP.
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5 Indian Cities receive record PE investment into Real Estate in 2015

Mumbai Metropolitan Region (MMR) received the maximum chunk of this investment at 34% followed by Delhi-NCR at 29% and Chennai at 14%. Bangalore and Pune got 11% and 5% respectively. Hyderabad got 3% while all the remaining cities put together got 4% in PE investment.

The year gone by was interesting for capital market activities in real estate. 2015 proved to be a good year for key Indian metros as inflows into real estate by private equity (PE) funds was at a record high. The total investment that the sector got was approximately Rs. 19,500 crore.

Mumbai Metropolitan Region (MMR) received the maximum chunk of this investment at 34% followed by Delhi-NCR at 29% and Chennai at 14%. Bangalore and Pune got 11% and 5% respectively. Hyderabad got 3% while all the remaining cities put together got 4% in PE investment.

The preference for these cities reflects learnings from past experience. While investors remain cautious about which cities to invest in, what is interesting to observe is that the ratio of structured equity and debt was more than half of the total investments received.

Even for plain equity investments, core commercial assets are preferred over other asset classes. This reflects how investors are cautiously optimistic about the potential for major gains in the Indian real estate. Equally important for them is to invest only in projects of credible developers having a good track record.

While the PE focus continued to remain high on residential and office projects, entity level investments and platform level deals came into the limelight indicating increase in investor confidence. A total of INR 6,048 crore worth of entity-level deals were witnessed but were limited to good developers / corporates only as investors relied on previous track record before putting their money to work.

In terms of asset focus, residential projects attracted considerable share of funding; however, equity investment in this space is still insignificant. On the contrary, income-yielding office projects attracted a majority of equity investments. While residential and office will continue to attract a majority of investments, retail is expected to start seeing better traction.

Going forward, investors are expected to remain focused on the top seven cities only. In the past few months, Chinese and Japanese investors have shown interest in bringing their long-term money into India. Overall, the stage is set for a superlative show this year. We won’t be surprised if 2016 shows a glimpse of investment activities that were seen in 2007, which was the previous peak and saw an investment of more than USD 8 billion.

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Bengaluru’s commercial real estate growth fastest in Asia-Pacific: JLL India

Globally, Bengaluru ranks fourth after London, Silicon Valley and Dublin, JLL India said in a statement.

Bengaluru is ranked first in the Asia-Pacific region in terms of city’s socio-economic growth and momentum in the commercial real estate space, according to property consultant JLL.

Globally, Bengaluru ranks fourth after London, Silicon Valley and Dublin, JLL India said in a statement. Hyderabad is at 17th position in the global ranking.

“India’s Bengaluru tops the JLL City Momentum Index (CMI) rankings for Asia-Pacific, as the city’s rapid progress in technology and global connectivity helped drive real estate growth,” JLL said.

In the list of top 10 cities in Asia Pacific, Shanghai is at the second position, followed by Sydney, Beijing, Shenzhen, Tokyo, Nanjing, Hyderabad, Melbourne and Seoul.

Covering 120 major established and emerging business hubs across the globe, the index measures a city’s short-term socio-economic and commercial real estate momentum. It also takes in account whether a city has the essential ingredients to ensure longer-term sustainable momentum.

“Bengaluru is effectively the ‘Silicon Valley’ of India with its mix of research institutes and higher education establishments contributing to the creation of a strong IT cluster,” says Jeremy Kelly, JLL’s Director, Global Research.

“With 40% of India’s IT industry located in the city, the presence of international IT giants, together with the largest number of high-tech start-ups of any Indian city, are contributing to entrepreneurial growth,” Kelly said.

Based on the report ‘City Momentum Index 2016: The Rise of the Innovation-Oriented City’, India has increased its representation in the top 20 Emerging World Cities as Bengaluru is joined by Hyderabad.

“The findings follow India’s rapid economic growth and a generally positive outlook for the country’s future,” JLL India Chairman and Country Head Anuj Puri said.

“Over the next few years, we will have 5.5 million software programmers – even more, than the US Software and IT services firms have been major drivers of office demand in the past decade and are now the largest occupiers of prime space,” he added.

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Indian real estate market headed for revival: report

Mumbai, Bengaluru will continue to be most preferred investment points; commercial office and mid-segment residential seen as top property asset classes

Proposed regulatory initiatives such as the relaxation of FDI rules in real estate and passage of real estate regulatory bill is seen to enhance investment in smaller projects. Photo: Mint

Mumbai: The Indian real estate market is heading for a steady revival in 2016, with over 70% of investors expecting improvement in sales in the next 12 months, said a research report by property consultant JLL India and Royal Institute of Chartered Surveyors (Rics), an accreditation body.

The report Peering Into 2016: Taking Pulse of Investor Preference says there is a spike in investor interest in the real estate market as around 43% of respondents saying that the number of successful exits will increase this year.

While Mumbai and Bengaluru will continue to be the most preferred destinations for investment, commercial office and mid-segment residential property will be the top two preferred asset classes by investors, the report said

“After relatively muted calendar years 2013 and 2014, private equity (PE) investors significantly increased their bets on the Indian real estate sector in 2015. This report examines the motivations and expectations of PE funds who are now actively ramping up their exposure to this sector,” said Ramesh Nair, chief operating officer, JLL India.

As per the report, a majority of exits over the last 12-18 months has been characterised by refinancing or buyback. A significant number of investors who participated in the survey believe that the refinancing theme is set to continue beyond the next 12 months, it added.

The report said proposed regulatory initiatives such as the relaxation of foreign direct investment rules in real estate and passage of real estate regulatory bill will enhance investment in smaller projects and positively impact sentiment by boosting buyer confidence.

“Today there are several financing options available. Driven by the need to increase returns and a desire to diversify, investors’ interest in international property markets is once again on the rise and India definitely seems to be leading that interest,” said Devina Ghildial, managing director (South Asia) Rics.

According to the report, newer sources of capital from Japan and China are expected to enter the Indian real estate market in 2016 while pure equity investments are likely to make a comeback this year.

For the report, JLL carried out a survey of seasoned investment professionals across a number of issues like market fundamentals, successful exits, distressed deals as well as top three asset classes and top three cities for investment over the next 12-month period.

“Few of the challenges in the market have bottomed out. So definitely the market is reviving but it is going to be a slow one. There is a going to be greater balance between demand and supply. Investor sentiments have improved,” said Venkatesh Gopalkrishnan, President (business development) and chief investment officer, Shapoorji Pallonji Real Estate.

“However, it is a cautious one where investors are now more focussed on good quality and locations.”

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Finding New Buildings in the Dust of the Old

With the continued and growing emphasis on sustainability in construction we could be on the verge of a radical shift in how we think about the current stock of buildings. The time may be coming when we stop planning for building replacement, and instead plan for building reuse. That in turn would significantly change the roles of designers and builders.

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How To Build A Construction Plan

Learn how to market your contractor business professionally. In depth knowledge of attracting clients with online marketing strategies and deep thinking about who you want your clients to be.

The housing industry has proceeded at a red-hot pace for several years running. An all-time record was set in 1998, when 886,000 new-site single family homes were sold. That represented a 10% gain from the robust total of 804,000 homes sold in 1997, and an 8.1% rise from the prior record of 819,000 units in 1977. Single-family housing construction accounted for $48 million of the total $125 million generated in the industry.

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Construction Honored with AGC Builders

Last night, Construction was honored to accept a Best Builders Award from the Associated General Contractors of Vermont for the construction of the $31.3 million Vermont Public Health Laboratory. There is so much to celebrate about this project – from both a construction and community perspective – and it was so gratifying to have that impact formally recognized in the contracting community.

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